Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Made a complete ar se of my self there, I can't deny it. But I'm the right side of the trade which is the most important. I'm not convinced we've seen my 350 or below so I'm waiting for the moment.
Thanks for the support Boyo and Stupmy.
Stupmy, hope your Ocado Financial calender diary is fully updated now :o)
Seriously the Reddit forum was made up of disgruntled workers that had lost their jobs.
They were criticising Kroger but what they were saying was in line with what Britain Ladd and others said about the spoke closures.
You can get a useful idea from talking to employees. I asked one of their drivers the other day how many loads. He said 24, which is their efficiency target. If he had said only 10 or 15 then that's a negative indicator.
I've no issues with anyone here. I will call out research based on what a guy on Reddit said or the importance of a couple of LinkedIn likes though.
Always DYOR. Try to go beyond the predominant blind optimism shown on this board. The profit has been there for those who have dared to investigate and capitalize on the flaws of Ocado.
What you post interests me, challenges my knowledges and helps me learn.
Not at all. I guess I feel that I have posted too much things that I find of interest but probably not of interest to others.
In seeking out responses to VP I have found out some stuff.
I believe you do have to have the investment case and optimist beliefs pulled apart.
It's just when the same points are made again and again......
Sangi, I hope I haven't annoyed you. I can promise you I have no issue whatever and enjoy your posts and see their value. If I have personally given you the impression I'm negative in anyway about your contributions to this board, then I've certainly not done it intentionally and I apologise.
Maybe some are happy with imprecise info supplied by VP and think it shouldn't be questioned.
I try to say things that reflect uncertainty by using words like May or Could.
If VP says Amazon have a partnership with Autostore and the reality is that they are just trialling their tech at one location then I am going to keep calling them out.
There is a filter if you don't like me doing that.
Me neither Boyo, perfectly happy with VP, just think that discussion isn't going anywhere. There are things that you can get a handle on and I guess we overlap there. But what I don't like I 'certain statements about what hasn't yet happened', that gets under my skin.
I can, I lot of people say they can see into the future (Alexei Sale gag).
Ha Ha Stupmy! I can see into the future and I confidently predict that VP will still be pi55ing a lot of people off on this board for a good while yet!
However, I’m not one of them.
Re VP: has there ever been anyone further up their own A. than you on this Chat page?
Imagine living with this guy????????????
I told you dear, I told you dear, I told you dear, I told you dear..........
Lol, I can't see into the future yet. I'm not Mystic Meg but I have carried out extensive research on Ocado over a 10+ year period. Over the last 2 years major flaws within Ocado have grown. I positioned myself to profit from my research.
As always DYOR. That way everyone becomes more enlightened and less swayed by others.
Best to all.
Sangi, no-one can see into the future. Anyone posting confidently that they can, is someone to be very wary of. Either they're in a certain place on the confidence scale that makes them 'alha' and there fore try to force others to their will, or it's plain manipulation. Ignore it, you cannot engage it more than you've tried.
For the moment, according to the chart, the downside prevails, but we're in an area of SP action where a switch might occur. The best we can do is watch, and try to make money.
You have outlined your position on Kroger. Elements of your thesis have been meant with an antithesis based on research but rather than engage with and counter the points made you prefer to shut down the conversation.
You keep saying Kroger are going to switch to Instacart and away from Ocado without explaining how Instacart are going to manage the large orders.
Instacart's own marketing is full of photos of a delivery driver handing over one bag of shopping as it is only used for small orders picked in store the same day.
Ive posted on this issue countless times before Sangijuelas1. No point rehashing everything again.
Best of luck. All will become clear in time.
So what exactly does your research consist of other than a feeling or belief you have?
All there is to go on is a statement from Kroger saying they were pausing to improve efficiency and a further statement that closing the spokes would have no impact on the rest of the CFC and spoke network.
That's your research. My research points to bearish signs re the Kroger relationship
Best of luck. We disagree, that's fine, it's a discussion board. Meanwhile in other news shorts profits increase as Ocado shares slip further.
This has been explained to you several times. I have seen from multiple sources from the likes of Britain Ladd to workers at the actual sites getting closed down on Reddit and others.
Kroger thought they could enter sites like Miami where they have no store presence and take market share from the likes of Public without making any attempts to market the service properly.
The Reddit workers from other spokes compared performance at their sites with the others and order volumes were 3-4 times higher.
So most evidence seems to point to Kroger acting on unrealistic beliefs.
It looks like Ocado are actually putting someone in place with Kroger to work at using big data analysis to better retain and acquire customers. As per current Ocado job advert.
Kroger are locked in to Ocado's sticky solution. They can't use the likes of Instacart for much more than a packet of crisps and a bottle of pop.
Omnichannel service involves in store, small order delivery and then weekly shops through Ocado, although Ocado also provide them with in store fulfilment.
A key part of what Ocado are doing with Kroger is using the OSP to optimise delivery routes. As there is a lot more mileage involved due to suburban sprawl.
The CFCs will come. May just have to wait until the Kroger merger which will create an entity on a similar scale to Walmart.
Ocado could easily list on NYSE in the not too distant future. That would really increase the value considering the explosion of ai stocks.
That's the possible bull case re that scenario. Personally I believe a bearish case is more plausible. Elements of the below..
Kroger reassessing their tech plans re Ocado in the light of the failed spokes. That Kroger now plan on building out a smaller Ocado network. Planning to build out their contracted CFCs but little more. Kroger looking at utilising their other online delivery partners more.
Were the losses high because of capacity issues at Ocado Retail or because they threw further large amounts at R&D investment?
You didn't comment on my post yesterday about Kroger potentially pausing CFCs because of competition concerns about creating a grocery automation powerhouse once combined with Albertsons
Shorts are massing for obvious reasons. Lack of significant new contracts. 2 main CFC contracts pausing ordering new CFCs for the foreseeable. Meanwhile losses still high. Overcapacity at Ocado retail crimping profit etc.
As ever though DYOR...
Marshall Wace are hoping Mr Marshall can get his hands on the Telegraph.
That whole thing with Farage and Coutts was them using their GB News channel to short NatWest.
As for BlackRock they seemed to be short on Prism particularly before the private equity bid came in for them.
You have to wonder if shorts are sometimes working with buyers. Or it could just be that they are long Autostore and short here?
Meant to read 'just bets' as are ours.